2 Michigan Close, Kesgrave, Ipswich, IP5 1HG is a freehold detached property built between 1950-1966. The property offers approximately 947 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £357,048 , which equates to approximately £377 per square foot. It was last sold on 4 Jun 2021 for £325,000. Since then, the value has increased by £32,048, representing a 9.9% increase, or approximately 2.2% per year.

The current estimated value of £357,048 is:

  • 1.6% higher than the average property price on Michigan Close
  • 1.7% higher than the average in the IP5 1HG postcode area
  • and 24.6% higher than the average price for Ipswich as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 March 2021, the property was recorded as owner-occupied.

View sold house prices in IP5 1HG

Building approximate location

About Property

Type
Detached Bungalow
Built
1950-1966
Interior Size
947 sq ft
Tenure
Freehold
Price (estimate)
£357,048
Price Per sq ft (estimate)
£377
Bedroom Count (estimate)
3 bedrooms

EPC Summary

2 Michigan Close, Kesgrave, Ipswich, East Suffolk, Suffolk, IP5 1HG has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 18 Mar 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Jan 2009, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 2.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from boiler and underfloor heating, mains gas to boiler and radiators, mains gas, with no change in energy efficiency (average).
  • The hot water system changed from from main system, no cylinderstat to from main system, no cylinder thermostat, with no change in energy efficiency (poor).
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 70% of fixed outlets to low energy lighting in 18% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, mains gas
Average
Hot Water
From main system, no cylinder thermostat
Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 18% of fixed outlets
Poor

Compared to IP5 1HG

12 th / 28
Price Rank
2% higher than average
5 th / 22
Size Rank
4% bigger than average
12 th / 22
Price Per Sq FT Rank
2% lower than average

Compared to other properties in IP5 1HG , this bungalow's estimated value ranks 12th out of 28. Based on price per square foot, it ranks 12th out of 22 properties. In terms of size, this home ranks 5th out of 22 properties in its postcode area.

Sale History

Today
£357,048
streetscan.co.uk estimate
+10 %
4 Jun 2021
£325,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 904 sq ft
sale price: £370,000
sale date: 28 Jan 2025
rooms: 4
size: 883 sq ft
sale price: £245,000
sale date: 30 Apr 2015
rooms: 6
size: 840 sq ft
sale price: £250,000
sale date: 1 Apr 2015
rooms: 4
size: 807 sq ft
sale price: £180,000
sale date: 19 Dec 2012
rooms: 5
size: 926 sq ft
sale price: £231,000
sale date: 25 Feb 2012

Data Sources

The property at 2 Michigan Close, Kesgrave, Ipswich, East Suffolk, Suffolk, IP5 1HG appears once in the Land Registry records, with the transaction recorded on 4 Jun 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Mar 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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